23 Scotland Road, Carlisle, Cumbria, CA3 9HS
Situated on the main road into Carlisle, The Crown Inn will be completely transformed into the best pub in the area. Moving from two bar areas to one, with a fantastic investment scheme, this is a great opportunity for an experienced operator. *Generous discounts available on draught beer and draught cider and comparable with free trade prices*
With the large planned investment at the Crown, its essential that our new tenant has experience of running a busy bar with food. Also as this is a local pub, events, sport and community will be key to building trade so an interest in these things is essential.
After the investment there will be one large bar area which will be carefully zoned so that the bar customers watching sport feel comfortable at one side, with more of a food area at the other. There is a fully enclosed beer garden to the rear.
There is a 3 bedroom flat with the pub.
|Annual rent||£36,500 per annum plus 9% Turnover Royalty|
£36,500 per annum, £701.92 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £26,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees, , working capital and deposit (25% of head rent, minimum £6,000). The cost for fixtures and fittings reflects 25% of the value of Fixtures and fittings. Our assisted purchase scheme can be used to pay for the rest over time.
|Fixtures & fittings||£12,000||Working capital||£5,000|
|Other costs||£2,000||Total entry cost||£26,650|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The Crown is on the main road into Carlisle and as such is seen by thousands of passing pedestrians and drivers every day. Popular already with locals there is also a college nearby with thousands of students who will be customers of the newly invested pub. It sits directly opposite the Cumbria Park hotel whose guests also use the bar. Although there is no pub car park there is on street parking adjacent where parking is free for up to 2 hours.